One Marriott School of Management accounting professor is leaving his mark on big business. W. Steve Albrecht was recently named one of the top 50 corporate directors of 2013 by the National Association of Corporate Directors.
Nominees were selected for integrity in their personal and professional lives, mature confidence in cultivating future leaders and superior board performance. They were also recognized for demonstrating discretion and achieving high performance standards.
“It is very humbling to be honored among some of the greatest corporate directors in the world,” Albrecht says. “This is a tremendous award, and I count myself lucky to have been recognized.”
Albrecht, the Andersen Alumni Professor of Accountancy, currently serves on three public boards including Cypress Semiconductor Corp., Red Hat Inc., and SkyWest Inc.
“One thing I have learned while working on several boards is that you should never make big decisions alone,” Albrecht says. “Working in both the business and academic world has given me the great opportunity to work alongside some great individuals.”
Albrecht has received numerous awards since he began teaching at the Marriott School in 1977. While serving as associate dean of the Marriott School from 1998 to 2008 he received BYU’s highest faculty honor, the Karl G. Maeser Distinguished Faculty Lecturer Award, for superior scholarship and teaching. Outside of the many accolades garnered in academia, Albrecht has been recognized as one of the 100 most influential accounting professionals in the United States by Accounting Today magazine on five separate occasions. Albrecht’s extensive experience with fraud fighting has also earned him the Cressey Award from the Association of Certified Fraud Examiners, the highest award given for a lifetime of achievement in fraud detection and deterrence.
“Steve’s service has been remarkable,” says Lee Perry, Marriott School dean. “We are delighted about this recent honor from the NACD and count it a privilege to work alongside such a capable and widely esteemed colleague.”
Albrecht, along with the other NACD award recipients, will be honored at a black tie gala on Dec. 3 at the Marriott Marquis in New York City.
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Writer: Spencer Ngatuvai